Ofgem's Energy-Saving Tips to Cut Household Bills
The UK energy regulator Ofgem has issued new guidance on reducing gas and electricity costs through minor behavioural changes and home improvements, as the price cap is set to fall.
The UK energy regulator Ofgem has issued new guidance on reducing gas and electricity costs through minor behavioural changes and home improvements, as the price cap is set to fall.
Households will see energy bills fall by around 7% from April after the government's price cap reduction. The average £150 cut will vary based on usage, with savings applied through lower unit rates.
Ofgem's new price cap from April 1 brings a £117 reduction to £1,641 annually for typical households, implementing Chancellor Reeves' £150 average cut through shifted policy costs.
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Household energy costs in Great Britain are forecast to decrease by nearly £117 a year from April, following government changes to green subsidy funding. Analysts predict the price cap will lower to £1,641 for typical dual-fuel homes.
Millions of British households will see energy bills fall by £117 a year from April, as the Ofgem price cap decreases due to government policy changes and market factors.
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RecommendedHousehold energy bills are predicted to fall by 7% in April as Ofgem reduces the price cap to £1,641 annually, driven by government policy changes.